Reddit said in its IPO filing that it didn’t begin to focus on generating revenue until 2018. It was able to increase its annual revenue from $229 million in 2020 to $804 million last year.Reddit’s moneymaking potential also has attracted some prominent supporters, including OpenAI CEO Sam Altman, who accumulated a stake as an early investor that has made him one of the company’s biggest shareholders. Altman owns 12.2 million shares of Reddit stock, according to the company’s IPO disclosures. You really think Altman won't help them make money? I have a lot of faith in him. Anyone else?🚀💉👩⚕️
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